Having the right D&O cover in place is now more important than ever. As businesses face increasing and unique challenges as a result of the COVID-19 pandemic, Directors of Limited Companies are under closer scrutiny than ever - Heightening the risk of potential claims and litigation. What does Directors and Officers Insurance do? Directors [...]
Our regulator, The Financial Conduct Authority (FCA), has recently issued guidance to all UK insurance providers about temporary measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. We would like to confirm the following – Our office remains open for business as usual and any posted documentation [...]
Are you correctly covered for lockdown life? Now that many firms and organisations have either closed or reduced their operations, more people are working remotely. There are far fewer people commuting into or working at business premises because of the lockdown. A resultant reduction in road traffic collisions, accidents in the workplace, vandalism and [...]
Insurance advice for tradesmen and construction contractors during the COVID 19 pandemic 65% of UK construction market value is shut down. Recent reports suggest that construction projects across the country with a combined value of £104b are being affected by coronavirus related delays. But what does this mean for the thousands and thousands of [...]
Why it pays to check your sub-contractors insurance In the current economic environment, businesses are understandably looking to reduce overheads. But we have noticed a worrying trend where sub-contractors have reduced or even completely removed their insurance indemnity limits in a bid to cut costs – leaving main contractors and SME construction businesses exposed [...]
BJP Insurance Brokers sponsors Thatcham Tornadoes Football Club Under 9’s Development Team. It is no secret that here at BJP Insurance Brokers, we love being engaged in the community life. This is demonstrated by supporting numerous local charities throughout our history, including New Beginnings which is the company’s current local charity for the year [...]
Business Interruption Insurance – are you fully covered?Insurance is a complex world. There’s an abundance of jargon and terminology which can be difficult to fathom. Business Interruption Insurance is no exception. Many business owners have business interruption as part of a Commercial insurance package and assume it will cover them in the event of the [...]
Common queries about Engineering Inspection If your organisation owns or operates work equipment, there are legal obligations you must comply with. Regular engineering inspections will help to ensure both statutory and health and safety duties are met. You may also have equipment that doesn’t require inspection from a statutory perspective, but it is always [...]
D&O cover can be essential for many businesses There are many misconceptions about Directors and Officers (D&O) cover. Many owners and managers at SME businesses think it irrelevant to them, or else assume that the business having Limited Company status means that they, as Directors, are afforded full protection from prosecution should something go [...]
Insurance shouldn’t be a ‘Once a year job’We know, and understand, why many of our clients think of insurance as something that just has to be sorted out once a year, at renewal. But actually, it’s worth thinking about how your business changes through the year, and how making a habit of reviewing your insurance [...]
